SEC action just delays a final reckoning on the rules.

From integration to level playing fields: the discussions at this year’s IIF meetings in Washington were dominated by talk of combating divergence. Other familiar complaints were still present, but the overall tone was less fearful than in 2016.

An investment fund focused on banks with a slant on Europe and Italy might sound like a recipe for disaster, but Davide Serra of Algebris tells a story of market-beating returns and snowballing AuM, and thinks the best times lie ahead.

Co-location providers are getting a boost from higher levels of electronic trading, the ambitions of Asian brokers to grow their businesses in Europe, ongoing concerns over cybersecurity and regulatory factors.

BNY Mellon and HSBC hope that, in an illiquid fixed income market with no registry of beneficial owners, their asset management clients may benefit from alerts about other counterparties wishing to buy or sell bonds.

Some 43% of US sub-investment grade lending in third quarter of this year was to borrowers rated just single-B. Now is not the time to revisit the 2013 guidelines.

As exchanges look to snap up a bigger share of foreign-exchange business, they face the challenge of catering to investors’ multiple trading models.

As research departments become revenue earners, their coverage universe will become a crucial part of the business strategy.

Delegates at this year’s IMF/World Bank meetings are managing to look beyond macro concerns to present a more upbeat tone.

As the complexities of charging for fixed income research become more apparent, many asset managers are deciding to pay for it and equity research themselves, but with just four months to go, they are no closer to knowing how much this will cost.

As JPMorgan’s head of markets execution, David Hudson has an ambitious mandate to bring technological innovation and a willingness to fail to the heart of the investment bank, but why is he “obsessed” with Amazon?

Swap execution facility (SEF) regulations, intended to increase transparency and reduce swap market risk, have been reported to impact market makers’ margins and liquidity, creating wider spreads for end-users. Here, Euromoney follows the CFTC’s SEF regulation timeline, presents market participants’ concerns, and reports on opportunities for doing business.

Many asset managers have opted to pay for research under Mifid II, but exactly what those costs will be is still unclear.

A textbook case, a long-inevitable state bailout and a brazen political fudge: Europe’s BRRD has had something of a rough ride this summer. As the region’s banks brace themselves for the capital-raising marathon that is MREL, are the new resolution regulations actually doing more harm than good?

A more flexible approach to software development is helping FX market participants test new products and bring them to market more quickly.

The Financial Conduct Authority (FCA) is becoming more bullish about its regulatory sandbox, reiterating that the application of strict rules and the nurturing of innovative products and services are not mutually exclusive.

Many traders are pushing their non-deliverable forward (NDF) trades through clearing houses to increase capital efficiency – with LCH seeing a record-breaking number in August – and R5FX hopes to push this to the next level.

Euromoney magazine has released the results of the 2017 Fixed Income Research Survey.

The foreign exchange market has long been dominated by a select group of large banks, but Euromoney’s inaugural five-star FX rankings show a different set of banks may be providing the best client service.

As a self-described ‘insider-outsider’ at UniCredit, Jean Pierre Mustier has transformed the image of Italy’s biggest bank – inside and out – over an extraordinary 12 months as CEO.

The European Central Bank (ECB) has irritated bankers with efforts to impose its own equivalent to US standards on leverage finance that may be doomed anyway.

Here is the surprising news about liquidity in the bond markets: it’s getting better.

The chief executives of US banks have spent so long complaining about regulations that they can scarcely believe their luck at the impending relaxation.

Implementation of global standard will lead to higher tier-1 capital levels; banks well capitalized but predictions of sovereign downgrades cloud outlook.

From cloud technology to cashless payments, digital currencies to P2P networks, mobile banking to FX robots… financial institutions worldwide are looking to lead technological advances while also trying to keep up with them. And as well as the cost of innovation, many organizations are finding much of their technology budgets focused on dealing with regulatory burdens. Access some of Euromoney's recent coverage here.

Citi is perhaps the only global markets business remaining that shows that scale and breadth – both geographically and by product – can deliver good returns.

Kenya Commercial Bank wins this year’s award for best bank for corporate social responsibility in Africa for the work of the KCB Foundation and, in particular, two ground-breaking initiatives. Last year, it launched 2jiajiri (‘let’s employ ourselves’) – a youth enterprise development and employment initiative that works in partnership with more than 100 technical training institutions across Kenya. More than 12,000 students have taken part so far in the programme, which aims to turn young people into entrepreneurs by training them and connecting them to graduates in law, accounting and marketing to help them get their businesses off-the-ground.

The debate around allowing screen scraping under the Payment Services Directive 2 (PSD2) has intensified after the European Banking Authority called for it to be outlawed.

E-commerce protection measures often focus on how to safeguard the consumer, but merchants also need security to counter the threat from fraud.

The latest venture of one of the co-founders of market infrastructure technology firm Traiana aims to boost the confidence of banks and buyside firms in financial technology by simplifying the process of managing risk across multiple vendor and systems.